Ford Financial News

The latest report by the Organised Crime and Corruption Reporting Project (OCCRP) against Adani Group has erupted a new political and economic storm in India. The report has alleged Gautam Adani's family of investing millions of dollars in its own companies via “opaque" Mauritius funds. The report mentions two of company associates, Chang Chung-Ling and Nasser Ali Shaban Ahli, and alleges them of investing heavily in Adani group's companies shares since 2013.

General Motors Co. and Ford Motor Co.

Financial advisors should wait for regulations to emerge around crypto assets called non-fungible tokens before recommending them to clients, experts said following the SEC’s first enforcement action involving NFTs.

NEW DELHI : The Sajjan Jindal-led JSW Group is in advanced talks to acquire the shuttered Chennai factory of Ford Motor Co. for its planned entry into electric-vehicle (EV) space, two people aware of the matter said. “Talks started a couple of months earlier and are in an advanced stage now, and the company is speaking to both the state government and Ford," one of the persons said on condition of anonymity.

(Reuters) — Shares of Vietnamese electric-vehicle maker Vinfast surged 30% in premarket trading on Monday, extending a rally from last week that more than quadrupled its market value to $160 billion.

By Joseph White, David Shepardson and Shivansh Tiwary

(Reuters) — The United Auto Workers (UAW) union at Ultium Cells, a joint venture of General Motors (NYSE:GM) and LG Energy Solution in Lordstown, Ohio, on Sunday said members voted in favor by 895 to 22 votes to ratify an interim agreement that immediately raises wages by $3 to $4 an hour.

Auto workers have voted overwhelmingly to give union leaders the authority to call strikes against Detroit car companies if a contract agreement isn’t reached

Unionized workers at a General Motors joint-venture electric vehicle battery plant in Ohio will see pay raises while they continue to negotiate a contract

OCCRP), a global network of investigative journalists, backed by billionaire investor George Soros among others, are in the final stages of releasing an investigative report on a wellknown Indian corporate group, news agency PTI reported on Thursday, citing sources aware of the matter. According to these sources, the objective of the forthcoming expose is said to be alleged instances of round tripping of funds from overseas jurisdictions into listed Indian companies controlled by the above-mentioned group.

New Delhi: Months after a US short seller shook markets with a damning report on the Adani group, the Organised Crime and Corruption Reporting Project (OCCRP) - an organisation funded by likes of George Soros and Rockefeller Brothers Fund - is said to be planning another 'expose' on certain corporate houses in India, sources said. OCCRP, which calls itself "an investigative reporting platform formed by 24 nonprofit investigative centres... spread across Europe, Africa, Asia and Latin America, may publish a report or a series of articles, three sources with knowledge of the matter said.

Soros and Rockefeller Brothers Fund — is said to be planning another 'expose' on certain corporate houses in India, sources said. OCCRP, which calls itself «an investigative reporting platform formed by 24 nonprofit investigative centres… spread across Europe, Africa, Asia and Latin America, may publish a report or a series of articles, three sources with knowledge of the matter said. An email sent to OCCRP seeking comments remained unanswered. Founded in 2006, OCCRP claims to specialize in reporting on organized crime and largely publishes these news articles through partnerships with media houses. On its website, it identifies the Open Society Foundations of George Soros, a financier with a penchant for funding radical causes around the world, as one of the institutional donors.

Australia’s largest car dealership group, Eagers Automotive, is paying out a record first-half dividend to shareholders including Rich Lister Nick Politis, who will collect $17 million because he owns 27.6 per cent of the company.

With about three weeks until contracts expire with Detroit’s three automakers, the head of the United Auto Workers union says bargaining isn’t going well

Hydrogen fuel cell company HDF Energy aims to become a bigger player in the Southern Hemisphere by using part of an old Holden car factory to manufacture 12-metre metal “boxes” containing fuel cells providing electricity.

Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000

The Outsiders,' and Francis Ford Coppola's 1983 film will have previews starting March 16, 2024, at the Bernard B. Jacobs Theatre. The official opening night is set for April 11, 2024.Angelina Jolie joins the production as a lead producer, along with American Zoetrope, Olympus Theatricals, The Araca Group, and Sue Gilad & Larry Rogowsky. Casting details will be revealed later, and tickets for the general public go on sale on November 1. The musical is written by Adam Rapp with Justin Levine, and the music and lyrics are by Jamestown Revival (Jonathan Clay & Zach Chance) and Justin Levine. Danya Taymor is directing it. The story unfolds in Tulsa, Oklahoma, in 1967, focusing on the lives of teenagers Ponyboy Curtis and Johnny Cade, and their chosen 'outsider' family, exploring the divide between the privileged and the less fortunate. Co-producers include The Shubert Organization, Warner Bros. Theatre Ventures, Sony Masterworks, James L. Nederlander, Stephen Lindsay & Brett Sirota, Sue Marks, Indelible InK, Green Leaf Partnership, Belle Productions, Michael & Elizabeth Venuti, Deborah & Dave Smith, Mike & Molly Schroeder, Chas & Jen Grossman, Jennifer & Jonathan Allan Soros, Tanninger Entertainment, Tamlyn Shusterman, ATx Random, Paul Liljenquist, Bob & Claire Patterson, Scott Stanton & Carrie Clark, Wendy Gillespie/Karen Tanz, John Gore Organization, Betsy Dollinger, Tima Productions (LaChanze & Marylee Fairbanks), Playhouse Square, Geffen Playhouse/Howard Tenenbaum/Linda B. Rubin Prods, Margot Astrachan, Rose Maxi, Toni R. Israel, and Cornice Productions. 'The Outsiders' had its world premiere in March 2023 at La Jolla Playhouse.

Anderson Economic Group (AEG) released a report late last week highlighting the potential economic impact of a 10-day auto union strike. According to the report, AEG estimates “a strike on all three automakers by 143,000 United Auto Workers (UAW) members could result in a total economic loss of more than $5 billion after 10 full days.”

By David Shepardson

Tesla CEO Elon Musk has often been known for his tough working style and what he calls ultra hardcore work culture. Musk's philosophy includes getting the most out of his employees which was also revealed when the billionaire took over Twitter in a $44 billion deal last year.

Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000